RHI Magnesita (Austria) Statistic Functions Beta

RHIM Stock  EUR 38.00  0.20  0.53%   
RHI Magnesita statistic functions tool provides the execution environment for running the Beta function and other technical functions against RHI Magnesita. RHI Magnesita value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. RHI Magnesita statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on RHI Magnesita NV correlated with the market. If Beta is less than 0 RHI Magnesita generally moves in the opposite direction as compared to the market. If RHI Magnesita Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one RHI Magnesita NV is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of RHI Magnesita is generally in the same direction as the market. If Beta > 1 RHI Magnesita moves generally in the same direction as, but more than the movement of the benchmark.

RHI Magnesita Technical Analysis Modules

Most technical analysis of RHI Magnesita help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for RHI from various momentum indicators to cycle indicators. When you analyze RHI charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About RHI Magnesita Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RHI Magnesita NV. We use our internally-developed statistical techniques to arrive at the intrinsic value of RHI Magnesita NV based on widely used predictive technical indicators. In general, we focus on analyzing RHI Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build RHI Magnesita's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of RHI Magnesita's intrinsic value. In addition to deriving basic predictive indicators for RHI Magnesita, we also check how macroeconomic factors affect RHI Magnesita price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
36.2338.0039.77
Details
Intrinsic
Valuation
LowRealHigh
36.8138.5840.35
Details
Naive
Forecast
LowNextHigh
36.1037.8739.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
37.1537.8838.61
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards RHI Magnesita in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, RHI Magnesita's short interest history, or implied volatility extrapolated from RHI Magnesita options trading.

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Other Information on Investing in RHI Stock

RHI Magnesita financial ratios help investors to determine whether RHI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RHI with respect to the benefits of owning RHI Magnesita security.